Sumner v. Piza

BROWN, District Judge.

The defendant Piza is one of 30 persons forming the insurance association called the South & North American Lloyd’s. The association issued a marine policy dated May 12, 1895, signed in behalf of the 30 associates by Whipple & Co., attorneys, whereby they insured the schooner Walter Sumner, valued at §6,000, for the sum of §1,250, for one year from May 25,1895, to May 25,1896; The libel alleges a loss on February 1, 1896, within the policy; that on April 28, 1897, the loss was duly adjusted at §1,309.34, after deducting all claims for general average, of which loss…